Sir Bill Gammell Honoured by RGU
Sir Bill Gammell, founder of Cairn Energy, was awarded the honorary degree of Doctor of Business Administration on Thursday 14 July by Robert Gordon University at His Majesty's Theatre Aberdeen.
Sir Bill Gammell founded Cairn Energy in 1980. Under his direction, Cairn has grown in value from $10 million in 1992 to over $10 billion today. Cairn's share price has increased over 100-fold during this time, with the company reporting in its most recent annual report record revenues of 1.6 billion dollars profit after tax. The firm is now Europe's biggest independent oil company worth over £3.5 billion.
In the 1990s, Sir Bill shifted the focus of the company from the North Sea and the US to South Asia, having spotted the opportunity to tap new energy supplies and in doing so has struck what is believed to be the biggest oil find in the energy-hungry sub-continent for 20 years.
Sir Bill is passionate about developing people and instils a winning attitude in both business and sport. This has developed from his own entrepreneurial career and his experience as a Scottish rugby internationalist (1977-1980). In 2006 Sir Bill founded Winning Scotland Foundation, which aims to raise aspirations and self-belief among young people and coaches in Scotland. The foundation's mantra is ‘winning isn't everything but wanting to win is'. Sir Bill has invested over £3.5 million in key programmes to date.
Sir Bill holds many directorships which reflect his twin passions for sport and business. In addition to his leadership of Cairn, he is involved with Sportscotland, the Artemis VCT Trust, the UK Indian Business Council, the Government Asia Task Force, British Olympic Advisory Board, Founder and Chairman of the Scottish Institute of Sport Foundation, The Scottish Institute of Sport and the Board for the Commonwealth Games to be held in Glasgow in 2014.
Sir Bill has won many accolades and awards in his business career including his Knighthood for services to industry in Scotland. He has also been admitted to the Entrepreneurial Exchange Hall of Fame and was the Institute of Directors Scotland Director of the Year in 2006, the Ernst and Young UK Entrepreneur of the Year and the Business Insider Elite Leader of the Year.
Robert Gordon University
Tel: 01224 262389